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yeah, it's not the best scenario is itstill was good for a...

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philsy18

3,959 Posts.

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14/07/21

11:05

Post #: 54489899
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Originally posted by Guaranteed Profits: ↑

Do the people buying INF realise that they are going to be in for a legal battle with the regional government in Spain to try and get the investigation/research permit.

From the 17 May announcement:

Ruling and Appeal

The appeal will be assessed by General Directorate of Industry, Energy and Mines and the status of the appeal is expected to be finalised within 3 months of the administrative acceptance of the appeal. The Company reserves all legal rights and is currently forming a highly credentialled in-country team, with significant experience in mining jurisdiction and government relations in Spain, supported by existing in-country personnel. This task dedicated team, with oversight from the Board, will lead the strategy through the appeals and potential legal process to seek rectification of this decision to cancel the PIV and also pursue actions for recourse based on the decisions and action of both the local and regional government.

Could be a long process and too risky for me to hold until the legal stuff is sorted out but ok for a day trade I guess.

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yeah, it's not the best scenario is it
still was good for a quick technical trade
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